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STANDARD PACIFIC CORP. DECLARES QUARTERLY CASH DIVIDEND

 STANDARD PACIFIC CORP. DECLARES QUARTERLY CASH DIVIDEND
 COSTA MESA, Calif., Oct. 21 /PRNewswire/ -- Arthur E. Svendsen, chairman of the board and chief executive officer of Standard Pacific Corp. (NYSE: SPF), today announced that the company's board of directors had declared the quarterly cash dividend of $.03 per share of common stock. The cash dividend will be payable on Nov. 30, 1992, to shareholders of record on Nov. 16, 1992.
 Standard Pacific Corp. operates primarily as a geographically diversified builder of medium-priced, single-family homes with operations throughout California and in the Houston and Dallas markets. In addition, Standard Pacific participates in mortgage origination and mortgage banking operations through its wholly owned subsidiary, Standard Pacific Savings, F.A. The company is also engaged in the manufacture and marketing of movable acoustical office partitions and office furniture through its wholly owned subsidiary, Panel Concepts Inc.
 -0- 10/21/92
 /CONTACT: April J. Morris of Standard Pacific, 714-668-4304/
 (SPF) CO: Standard Pacific Corp. ST: California IN: SU: DIV


JB -- LA019 -- 3016 10/21/92 15:15 EDT
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Publication:PR Newswire
Date:Oct 21, 1992
Words:173
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